Trump's Tariffs: Projected Inflationary Impact on US and Global Economy
President Trump's newly announced tariffs on steel, aluminum, and Chinese imports, ranging from 10% to 25%, are projected to take effect between February and March 2025, potentially causing significant inflation in the U.S. and affecting global markets, including Turkey's current account deficit.
Trump's Tariffs: Projected Inflationary Impact on US and Global Economy
President Trump's newly announced tariffs on steel, aluminum, and Chinese imports, ranging from 10% to 25%, are projected to take effect between February and March 2025, potentially causing significant inflation in the U.S. and affecting global markets, including Turkey's current account deficit.
Progress
52% Bias Score
Wall Street Futures Rise Amid Trade War Developments
US futures markets are trading higher, with the S&P 500, Nasdaq, and Dow Jones showing gains, while the ICE Dollar Index is also up. This follows strong gains on Friday and is attributed to hopes for the Russia-Ukraine conflict resolution and expectations of reduced tariffs, despite rising Treasury ...
Wall Street Futures Rise Amid Trade War Developments
US futures markets are trading higher, with the S&P 500, Nasdaq, and Dow Jones showing gains, while the ICE Dollar Index is also up. This follows strong gains on Friday and is attributed to hopes for the Russia-Ukraine conflict resolution and expectations of reduced tariffs, despite rising Treasury ...
Progress
44% Bias Score
Trump's "Reciprocal Tariffs": A Logistical Nightmare
Donald Trump's proposed "reciprocal tariffs", matching US tariffs to those of trading partners, would create massive logistical and economic challenges due to the complexity of calculating tariffs for billions of imported items across nearly 200 countries, potentially leading to global trade chaos a...
Trump's "Reciprocal Tariffs": A Logistical Nightmare
Donald Trump's proposed "reciprocal tariffs", matching US tariffs to those of trading partners, would create massive logistical and economic challenges due to the complexity of calculating tariffs for billions of imported items across nearly 200 countries, potentially leading to global trade chaos a...
Progress
56% Bias Score
Oil Prices Fall on Peace Deal Hopes and Tariff War Concerns
Oil prices fell for a fourth day on Monday, with Brent crude at $74.59 and WTI at $70.51 per barrel, due to expectations of a Russia-Ukraine peace deal potentially easing sanctions on Russian oil exports and concerns about global tariff wars slowing economic growth and weakening energy demand.
Oil Prices Fall on Peace Deal Hopes and Tariff War Concerns
Oil prices fell for a fourth day on Monday, with Brent crude at $74.59 and WTI at $70.51 per barrel, due to expectations of a Russia-Ukraine peace deal potentially easing sanctions on Russian oil exports and concerns about global tariff wars slowing economic growth and weakening energy demand.
Progress
32% Bias Score
Trump's Protectionist Trade Policies: Economic Risks and Uncertain Future
Trump's reelection spurred increased US protectionism, marked by new tariffs on various imports, aiming to revitalize domestic manufacturing and counter perceived unfair trade practices, despite economic research suggesting potential negative consequences.
Trump's Protectionist Trade Policies: Economic Risks and Uncertain Future
Trump's reelection spurred increased US protectionism, marked by new tariffs on various imports, aiming to revitalize domestic manufacturing and counter perceived unfair trade practices, despite economic research suggesting potential negative consequences.
Progress
52% Bias Score
Trump's renewed trade war threats against the EU
The US-EU trade relationship, exceeding \$1.5 trillion annually, faces renewed tension as Donald Trump threatens tariffs, citing a \$150 billion EU trade surplus in goods and differing tariffs on automobiles; past retaliatory tariffs have hurt both sides.
Trump's renewed trade war threats against the EU
The US-EU trade relationship, exceeding \$1.5 trillion annually, faces renewed tension as Donald Trump threatens tariffs, citing a \$150 billion EU trade surplus in goods and differing tariffs on automobiles; past retaliatory tariffs have hurt both sides.
Progress
36% Bias Score
Trump's Reciprocal Tariffs Threaten Global Trade War
President Trump's announcement of reciprocal tariffs on roughly 5,000 commodities from 186 countries threatens a global trade war, undermining the US's international credibility and potentially accelerating de-dollarization.
Trump's Reciprocal Tariffs Threaten Global Trade War
President Trump's announcement of reciprocal tariffs on roughly 5,000 commodities from 186 countries threatens a global trade war, undermining the US's international credibility and potentially accelerating de-dollarization.
Progress
56% Bias Score
Canada's Inflation Rises to 1.9 Percent in January
Canada's January inflation rate rose to 1.9 percent year-over-year, exceeding December's 1.8 percent, driven by higher energy prices despite a recent tax holiday that lowered food and other goods prices. Financial markets reduced expectations of further interest rate cuts.
Canada's Inflation Rises to 1.9 Percent in January
Canada's January inflation rate rose to 1.9 percent year-over-year, exceeding December's 1.8 percent, driven by higher energy prices despite a recent tax holiday that lowered food and other goods prices. Financial markets reduced expectations of further interest rate cuts.
Progress
36% Bias Score
Canada to Counter Trump's Tariffs, Prioritizing Free Trade
Canadian Trade Minister Mary Ng, during her visit to Australia, urged middle powers to defend free trade against US President Donald Trump's proposed tariffs on Canadian and Mexican goods, emphasizing the strong economic ties between Canada and the US and threatening retaliatory tariffs if necessary...
Canada to Counter Trump's Tariffs, Prioritizing Free Trade
Canadian Trade Minister Mary Ng, during her visit to Australia, urged middle powers to defend free trade against US President Donald Trump's proposed tariffs on Canadian and Mexican goods, emphasizing the strong economic ties between Canada and the US and threatening retaliatory tariffs if necessary...
Progress
52% Bias Score
Trump's Protectionist Trade Policies: Economic Impacts and Global Risks
Upon reelection, Trump implemented protectionist trade policies including tariffs on imports from Canada, Mexico, and China, aiming to revitalize domestic manufacturing, increase revenue, and enhance national security, despite potential negative economic consequences.
Trump's Protectionist Trade Policies: Economic Impacts and Global Risks
Upon reelection, Trump implemented protectionist trade policies including tariffs on imports from Canada, Mexico, and China, aiming to revitalize domestic manufacturing, increase revenue, and enhance national security, despite potential negative economic consequences.
Progress
40% Bias Score
Global Companies Warn of Severe Economic Fallout from Trump's Trade War
US and global companies warn of significant economic consequences from President Trump's trade war, citing tariffs, retaliatory measures, and broader global uncertainty; impacting supply chains, pricing, and competitiveness.
Global Companies Warn of Severe Economic Fallout from Trump's Trade War
US and global companies warn of significant economic consequences from President Trump's trade war, citing tariffs, retaliatory measures, and broader global uncertainty; impacting supply chains, pricing, and competitiveness.
Progress
40% Bias Score
Xi Jinping Rallies China's Tech Giants Amidst Economic Slowdown and US Trade War"
Facing economic uncertainty and renewed US trade tariffs, Chinese President Xi Jinping met with tech leaders, pledging government support while demanding alignment with Communist Party objectives, aiming to stimulate growth and counter external pressures.
Xi Jinping Rallies China's Tech Giants Amidst Economic Slowdown and US Trade War"
Facing economic uncertainty and renewed US trade tariffs, Chinese President Xi Jinping met with tech leaders, pledging government support while demanding alignment with Communist Party objectives, aiming to stimulate growth and counter external pressures.
Progress
40% Bias Score